Weichai Power Co (WBO:WI4) LT-Debt-to-Total-Asset : 0.06 (As of Dec. 2024)

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What is Weichai Power Co LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Weichai Power Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.06.

Weichai Power Co's long-term debt to total assets ratio declined from Dec. 2023 (0.09) to Dec. 2024 (0.06). It may suggest that Weichai Power Co is progressively becoming less dependent on debt to grow their business.

Weichai Power Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Weichai Power Co's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Weichai Power Co LT-Debt-to-Total-Asset Chart

Weichai Power Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.10

0.08

0.11

0.09

0.06

Weichai Power Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.09	0.09	0.09	0.07	0.06

Weichai Power Co LT-Debt-to-Total-Asset Calculation

Weichai Power Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	2684.332	/	45106.218
	=	0.06

Weichai Power Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	2684.332	/	45106.218
	=	0.06

Weichai Power Co (WBO:WI4) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Weichai Power Co LT-Debt-to-Total-Asset Related Terms

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Weichai Power Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Weichai Power Co Ltd (WBO:WI4) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

WEICF:USA 02338:Hong Kong WI4:Germany WI4:Germany WI4:Germany 000338:China WI4:Bulgaria

Address

197, Section A, Fu Shou East Street, High Technology Industrial Development Zone, Shandong Province, Weifang, CHN, 261061

Website

https://www.weichaipower.com

Weichai Power Co Ltd is an industrial technology company that offers vehicles and equipment manufacturing, and logistics and supply chain services in China. The operating segments of the company are; Engines segment which includes the manufacturing and sale of engines and related parts; Automobiles and automobile components which includes the manufacturing and sale of automobiles and automobile components other than Engines; Agricultural equipment includes the manufacturing and sale of agricultural equipment (complete machineries), agricultural machineries, agricultural vehicles, and related parts; and the Intelligent logistics segment which generates key revenue, includes forklift trucks production, warehousing technology, and supply chain solution services.

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